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Housing Market Data

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Home Prices Are Holding Steady as Few Homes Hit the Market
By Mike Simonsen on September 19, 2022

A little uptick in available inventory this week. Two weeks ago was the Labor Day holiday, and the data shows a little rebound in available inventory of homes for sale on the market after...

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What’s behind the surprising drop in inventory?
By Mike Simonsen on September 13, 2022

Two weeks in a row of declining inventory of homes for sale in the US. Each week available inventory is falling faster than our forecasting model anticipated. There are fewer homes for sale...

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Housing Inventory is Declining Again
By Mike Simonsen on September 7, 2022

Very few homes are being listed for sale right now. This is the first week since the winter where inventory declined week over week. It’s not uncommon for inventory to plateau in August and...

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Will the housing market see a soft landing?
By Mike Simonsen on August 8, 2022

Has the US real estate market managed to navigate a soft landing? It sure looks that way to me. For several weeks in a row inventory has been rising at a slower pace than we’d projected...

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Housing inventory growth has slowed, and prices remain stable
By Mike Simonsen on July 25, 2022

Inventory is rising more rapidly than any recent July. But the pace of increase has actually slowed since June. This is the third week in a row for 3% inventory gains, down from 6-8% over...

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Housing Inventory Forecast for the Rest of 2022
By Mike Simonsen on July 18, 2022

As the rate of home sales slows, the available inventory of homes for sale is still climbing quickly through July. As we roll into the second half of the year, we’re starting to have some...

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Are You Ready for a Wild Real Estate Market This Fall?
By Mike Simonsen on July 15, 2022

You know, it's no secret now that the real estate frenzy of the last few years is over. And does that mean though that a crash is coming? Is it suddenly a bad time to buy a house? It's kind...

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More homes are getting relisted as demand slows
By Mike Simonsen on July 11, 2022

Available inventory of homes for sale in the US rose quickly again this week even during the holiday week. Maybe that’s partially due to the holiday falling on a Monday other than a...

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More price cuts as housing inventory climbs
By Mike Simonsen on July 6, 2022

Available inventory keeps growing. The increase this week in unsold homes available on the market was the biggest in many years. If you recall the video last week we actually forecasted a...

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Another week of skyrocketing real estate inventory
By Mike Simonsen on June 27, 2022

The market added 25,000 homes to available inventory this week. That’s bigger than the model has predicted. It’s really fascinating to see how quickly this market can get us back to normal...

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